In Kenya, we currently have over 60 registered Oil companies, with the biggest market shareholder being Vivo Energy. Its market share is at 28.0%, followed by Total Kenya at 23.1%. Other well-known oil marketing companies consist of: Rubis, National Oil Corporation, Engen and Ola Energy.
How many oil marketing companies are there in Kenya?
The current data from Petroleum Institute of East Africa (PIEA), indicate that there are96 oil marketing companies in Kenya operating over 3,000 service stations. More than half of these service stations are owned by independent players.
What is Kenya’s oil shipment?
The shipment isan accumulation of oil produced since Kenya began pumping in June 2018 at up to 2,000 barrels a day. Kenya first announced on March 26, 2012, its first oil discovery, in Turkana where Africa – focused British firm Tullow Oil Plc has been exploring for oil, and was now checking on the commercial viability of the find.
What is Kenya’s oil industry like?
The sector is characterized by a large number of players that import, export, distribute and transport petroleum products. Kenya’s oil industry is currentlydominated by foreign holding firms, with two French multinationals at the helm: Rubis Energie and Total.